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India: Santa Cruz Electronic Export Processing Zone (SEEPZ) Special Economic Zone

Emerging Markets Direct, Sep 2007, Pages: 35


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Special Economic Zone (hereinafter referred as “SEZ”). It is a geographical region that has economic laws that are more liberal than a country’s typical economic legislation. The SEZ is a trade capacity development tool, with the goal to promote rapid economic growth using tax and business incentives to attract foreign investment and technology.

In India, the concept of SEZs was first adopted in the year 2000 as part of the Foreign Trade Policy. Since then the Union Government of India after prolonged deliberations notified the SEZ Rules in February 2006 operationalising the SEZ Act 2005. At present, there are 15 SEZs up and running in India. These include eight old exportprocessing zones (EPZs) that have been given the status of SEZs and seven new SEZs that have recently become operational. Over the years the Scheme underwent various transformation and its scope also expanded substantially as compared to the initial Scheme, which was basically for manufacturing sector with certain minimum value addition in terms of export earnings.

'India: SEEPZ SEZ' covers the objectives, format, characteristics and export performance of India SEZ, incentives to developers, comparative analysis of SEZs and EPZs, impact on Scheme and The Road Ahead, and infrastructure, trade and economic profile of SEEPZ. It also covers the market trends and outlook, trade profile, infrastructure facilities and SEEPZ SEZ outlook, plus the comparative matrix and SWOT analysis of the industry leading players: Renaissance Jewellery Ltd, Gitanjali Gems Ltd, Vaibhav Gems Ltd, Blue Star Infotech Ltd and Datamatics Technologies Ltd



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